Analysis-Google acquiring HubSpot would bolster bid to challenge Microsoft

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Go back to Analysis-Google acquiring HubSpot would bolster bid to challenge Microsoft

RBC Capital Positive on Microsoft (MSFT)

May 23, 2024 2:01 PM EDT

RBC Capital analyst Kash Rangan reiterated an Outperform rating and $500.00 price target on Microsoft (NASDAQ: MSFT)

The analyst comments "We went in-person to Microsoft Build, the annual flagship event for developers, where we listened to keynotes and breakout sessions, as well as gathered feedback from customers. We came away incrementally positive on Microsoft's commitment to maintaining AI leadership across multiple software categories. Taking Microsoft Fabric seriously. After keynotes, breakout sessions, and customer conversations, we believe Fabric can be a disruptive force in data analytics. Fabric is off to a good start with... More